Global investors have been rewarded for backing European corporate issuers of junk bonds with returns which now surpass those of most other fixed-income asset classes

There are signs of progress from a year ago, but UBS has more uncertainty than a bank with a hefty premium should have

Swiss regulator Finma orders bank to increase the amount of capital it holds by 50% to deal with future litigation and compliance risks

Dutch lender Rabobank has paid more than $1bn to US, UK, and Dutch authorities to settle allegations that it manipulated Libor and other key benchmark rates

Shareholders in the Finnish company have yet to approve the sale of its core devices business to Microsoft. But the market is already re-rating the shares

The phonemaker's core business reports weaker than expected results but says profitability would improve in the current quarter

Mr Grimsey, the former chief executive of Iceland Foods, called for a 0.25% levy on large retailers in his alternative review into the high street

Italian oil group says geopolitical factors in Nigeria and Libya weigh heavily and cannot be offset by projects in Kazakhstan, Angola and Algeria

F1 chief denies selling a stake in company to private equity group CVC below true value in attempt to retain control of global motorsport

European banks faced another day of reckoning when they were forced to pay fines and make legal provisions running into billions of dollars